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EX-99.1 - NEWS RELEASE - VALVOLINE INCss90848_ex9901.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

_____________________
FORM 8-K
___________________

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): May 2, 2018

__________________________________

VALVOLINE INC.
(Exact name of registrant as specified in its charter)
___________________________________
 
         
Kentucky
 
001-37884
 
30-0939371
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)

100 Valvoline Way
Lexington, KY 40509
(Address of Principal Executive Offices)

(859) 357-7777
(Registrant’s telephone number, including area code)
___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
 
Emerging growth company
         
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 
 

 
 
Item 8.01.
Other Events.
 
On May 2, 2018, Valvoline Inc. (“Valvoline”) issued a news release announcing its plans to build a blending and packaging facility in China that will supply both finished lubricants and coolants. The investment of approximately $70 million represents Valvoline’s largest blending plant investment worldwide.  The plant is expected to begin production by the end of calendar 2020 with an annual production capacity of more than 30 million lubricant gallons.

A copy of the news release is being furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.
Financial Statements and Exhibits.

Exhibit No.
Description of Exhibit


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
VALVOLINE INC.
     
Date:  May 2, 2018
By:
/s/ Julie M. O’Daniel
   
Julie M. O’Daniel
   
Senior Vice President, Chief Legal Officer & Corporate Secretary